Fertiliser supplies tighten

EXISTING ORDERS continue to preoccupy the fertiliser trade and fulfilling these has depleted stocks to a minimum.


At the same time, extended obligatory shutdowns for maintenance have given rise to reports that Yara and Terra are out of the market until April.


Supplies from Kemira are limited, keeping the market tight. On a seasonal basis, imports are down about 150,000t.


But the actual shortfall in NPK compounds, ammonium nitrate and urea is actually greater, as net increases are reported for ammonium sulphate and for calcium ammonium nitrate.


There is time for import volumes to catch up but with little activity at the farm gate, importers do not want to speculate.


As expected, sales of sulphurous fertilisers have risen, but this modest increase continues to lag considerably behind agronomic need.


Many farmers have failed to realise that this inexpensive nutrient could have the effect of greatly increasing nitrogen efficiency on most farms.


With limited supplies and low demand, it is not surprising that prices have not changed.


However, change is imminent within Kemira GrowHow. UK managing director Bob Chorlton is set to retire, with directors Rodney Johnston and David Stacey taking over the site and business responsibilities respectively.


CURRENT PRICES (£/t)
























Nitrogen (Domestic) N  (SP5) 34.5%


New season
26.8.8


Imported  urea.


Imported AN Lithuan


Blended
20.10.10 & 29.5.5


Blended
25.5.5


Liquid
Nitrogen,
37kilos/100
litres o
r
29.6%N/t


Jan £157



No supply


£195 granular
£165 prills


£147 where available


£150


From £146


No market yet


 
































































NPK


Jan (add £3 for March)

Imported
27.6.6

Imported
32.5.0


Complex 25.5.5


£154

No supplies

No supplies


15.15.20


£168


 


20.10.10/ 27.5.5


£158


 


17.17.17


£173


 


 
















































Trace elements 0.24.24 TSP (47%P2O5) Muriate of
Potash (60%K2O)
Copper, zinc, selenium,
cobalt Iodine and sodium Per acre pack £11.10
Blended £126-135 £150 £130


Ireland


Benchmark prices. Compounds out of season.





















































 


Urea, existing stocks only


CAN


24.6.12


aftercut


25.5.5


 


Complex compounds
27.6.6.


Northern
Ireland

£200 £150

£160 (anticipated)

£160 £170

 



















































Republic of
Ireland*


CAN, large price variations


24.2½.10 blend


Urea
Granular, non EU          


27.  2.5 . 5


 

 €215 €228-240
€260-280
(dependant on source and quality)
€243 (CCF)
€200 import blend


*Note in the Republic of Ireland nutrients are expressed as elements not oxides.  Analyses will not be directly comparable with those used in the UK.
                  
Note All illustrated prices are based upon 24 tonne loads for immediate payment. Prices for smaller loads and those with credit terms will vary considerably.


 Source: Bridgewater